Dyersville Progress Inc

Analysis

Dyersville Progress Inc is a registered charity in United States, based in Dyersville, IA. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Dyersville Progress Inc reported income of $101k and spending of $76k, leaving 24% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $76k to $101k (+33%), an average of +7.4% a year. The sharpest change came in the year to May 2024, when income rose by 19%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dyersville Progress Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within IA. Charities of a similar size with the same main cause include Old Dominion Foundation Inc ($101k), Cass Logansport Economic Development Orgization Inc ($101k) and Friends of Herter Park Inc ($101k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.8% and program service revenue 86% of the total. At year end it held assets of $696k against liabilities of $4,920, net assets of $691k.